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Raymond Moses: Unleashing the Financial Potential of Billions!
IT stocks surged as rupee continues to trade near four month low. Deprecation of rupee, comes as a silver lining for Information Technology stocks, which derive lion share of revenues from exports
Core Education & Technologies is currently trading at Rs 290.25, up by 11.15 points or 3.99% from its previous closing of Rs 279.10 on the BSE. The scrip opened at Rs 280.00 and has touched a high and low of Rs 292.55 and Rs 279.50 respectively. So far 15628 shares were traded on the counter.
Wipro is currently trading at Rs. 412.00, up by 7.50 points or 1.85% from its previous closing of Rs 404.50 on the BSE. The scrip opened at Rs 404.00 and has touched a high and low of Rs 413.40 and Rs. 402.45 respectively. So far 92954 shares were traded on the counter.
Mphasis is currently trading at Rs 380.15, up by 3.45 points or 0.92% from its previous closing of Rs 376.70 on the BSE. The scrip opened at Rs 380.00 and has touched a high and low of Rs 383.00 and Rs 379.00 respectively. So far 5255 shares were traded on the counter.
Tata Consultancy Services is currently trading at Rs 1279.30, up by 11.60 points or 0.92% from its previous closing of Rs 1267.70 on the BSE. The scrip opened at Rs 1260.00 and has touched a high and low of Rs 1279.95 and Rs 1259.10 respectively. So far 179134 shares were traded on the counter.
Hurt by lower opening in the domestic equity market Indian rupee touched a new four-month low against dollar on Thursday, tracking losses in Asian currencies. A faltering euro on concerns about the strength of a global recovery and dollar demand by the oil importers put pressure on the local currency. Meanwhile investors were doubtful about their Indian holdings because the weakness in the rupee does not appear to be just a short-term concern with the huge trade deficits and high inflation. However suspected Reserve Bank intervention may help the currency recoup some losses.
| Company Name | CMP |
|---|---|
| TCS | 3971.25 |
| Infosys | 1757.15 |
| HCL Tech. | 1767.95 |
| Wipro | 551.80 |
| Tech Mahindra | 1608.25 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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